Architectural 2 bedroom, 2.5 bath plus loft townhouse in West Hollywood on a tree lined street! 4 units only and set back from the street providing a private home feel. Tennessee Bleached Hickory floors w/ expansive wide 8 foot planks. Generous skylights & windows fill this unit with light throughout the day giving it a dramatic effect all the time. Remodeled kitchen with Pental quartz counter tops, Subway tile back splash, Avalon Maple Medallion custom-made cabinets w/ under counter lighting & LG stainless steel appliances. Huge master suite with fireplace, 2 story vaulted ceilings and walk-in closet leading to the master bath. Spectacular tree top and Hollywood Hills views. 2 car parking with private garage. Close proximity to the Sunset Strip, Santa Monica Blvd. , restaurants, theaters, shopping, boutiques, night life and central location to the studios, makes this the perfect location!
We represented the Buyers on this deal and were so lucky to have our offer accepted (among 10 other offers). It just goes to show how important it is to have the right representation, who knows how to leverage and navigate the current market climate!
"Gated, hidden gem with contemporary flair on a quiet cul-de-sac in prestigious San Rafael estate area by Johnston Lake on a large gated lot. Originally part of a historic estate in 1926, this charming home was substantially expanded in 1975 into this modern, bright & airy home. A tiled entry opens to a large LR with soaring ceilings, step-up dining area with wood floors, cheery kitchen with quartz counters & stainless steel appliances, and a paneled den with fireplace. A spacious master suite with vaulted ceilings, walk-in closet & an attic storage loft, complete the main level. Upstairs are two large BRs with wood floors & a tiled bathroom. French doors access an expansive deck, pool & spa area, surrounded by verdant greenery. An oasis with lots of potential in a premier neighborhood."
1928: Braly Building- The Beginning
Throughout the rise and development of Downtown Los Angeles, many have been able to witness the dynamic transformation of the rich; geographical diversification that has occurred over the last few decades. Most of which that came to pass in the form of towering edifices, swallowing whole some of the busiest streets of Los Angeles, dating all the way back to the 1900's.
It all began in 1903, before the start of World War II. The Braly Building (the Los Angeles's first high-rise) was erected. For the next two decades, the tallest buildings would only be 13 or 14 stories (due to restrictions that were put in place after the completion of the Braly during the Golden Age). In 1928 City Hall was completed and was considered to be LA's first skyscraper holding the title of the city's tallest building for 36 years.
Fast-forward 100 years and we arrive at the colossal- Wilshire Grand Center. Built and completed in June 2017, the skyscraper that is located in the Financial District, is currently the tallest building west of the Mississippi River. Outside of New York and Chicago, the Wilshire Grand Center building would be the 9th tallest building in the United States, and some would even refer to it as the "Times Square of the West." In light of such a significant benchmark, Commercial Cafe (A Commercial Real Estate Blog) has put together a video of the evolution of Downtown LA, "from the very first skyscraper, to its latest."
We represented the Buyers on this traditional 1920's home in Hancock Park. We were up against eleven offers, but were able to get our offer accepted and closed with minimal difficulties. This was the third deal closed this month, where we were up against 10 or more offers! Check out the stats below!
Nestled behind mature palm trees on a sunny, tree-lined street just a stone's throw from Larchmont Blvd. , you will find this traditional home exuding warmth and comfort. Modern day conveniences and upgrades blend seamlessly with incredible original charm and detailing. Gracious floor plan features a generous living room with fireplace and dining room with huge original built-in buffet, two bedrooms and a cozy den overlooking the rear yard. Eat-in kitchen features vintage Wedgewood range, Caesarstone countertops and ample storage. Outdoors there is newly planted drought resistant landscape, privacy hedge, as well as faux grass for today's eco-friendly and low maintenance lifestyle. The garage has been converted into an amazing guest cottage with vaulted ceiling, three-fourths bath and loads of extra storage.
We've closed escrow on this gorgeous 1940's mid-century home located in Silver Lake. The elegant home features a wood paneled fireplace, wraparound casement windows, and sweeping, panoramic views of downtown Los Angeles.
Community: Silver Lake/Echo Park
Home Size: 1,263 square feet
Lot Size: 3,388 square feet
Property Type: Residential - Single Family
View: City Lights, Hills
County: Los Angeles
Looking for properties like this? Questions regarding neighborhoods, or the housing market in general? Contact us now, and we'd be more than happy to assist you!
Los Angeles -
As the housing markets continue to sustain at peak prices, the rental prices are seeing a big jump from last month, with an increase of 3%, according to a report from Zumper. Los Angeles remains the sixth most expensive city for apartment rentals, trailing behind San Francisco and New York, with a 4.6% increase since spring of 2016.
Read more about the news here.
According to analysts at Morgan Stanley, The commercial real estate market is showing signs of cracks and weakness that will peak this year.
As commercial real estate is leaning towards a bearish market, the bullish trend for residential housing continues. Many experts believe that the demand for housing will surge in the coming years, especially with commercial real estate on a downtrend.
"We expect 2017 to mark the end of the bull cycle for US CRE," they said in a note on Wednesday.
The possibility for slow decay, in the growth of net operating income, could be a primary risk factor that would contribute to the decline in the commercial real estate market.